Illinois · Ranked 236 of 1033 by CEO pay.

Riverside Medical Center

Phil Kambic, President/CEO. Fiscal year ending 2024-12.

$1.7M

CEO total compensation
Form 990 Part VII, columns D+E+F

0.39%

of expenses spent on charity care
Schedule H Part I line 7a

93.4%

CEO pay as a share of all charity care

Phil Kambic’s pay of $1,679,403 equals 93.4 percent of the $1,798,084 the system spent on charity care in the same year.

§1The filing

Total revenue: $528,776,786
Total expenses: $465,783,470
Net assets: $593,656,174
Employees: 3,145
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $1,798,084
Bad debt: $3,092,838
Medicare surplus (shortfall), as filed: ($20,596,761)
CEO pay from the organization (Part VII col. D): $1,422,347
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $257,056
CEO total compensation (D+E+F): $1,679,403 to Phil Kambic

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Riverside Medical Center, EIN 36-2414944, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$57.0M Of which charity care to patients who could not pay (line 7a)$1.8M (3%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($3.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Riverside Medical Center: CEO pay $1.7M, charity care 0.39% of expenses

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Riverside Medical Center reported $1,679,403 in compensation for chief executive Phil Kambic in the fiscal year ending 2024-12. It spent 0.39% of expenses on charity care, $1,798,084. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/riverside-medical-center-36-2414944.html